Steel-Authority-of-India-Ltd-OFS-Elite
Security Type OFS
Symbol SAIL
Issue Period 14 Jan 2021 to 15 Jan 2021
/January 14th, 2020 for Non Retail Investors and January 15th, 2020 for Retail Investors and Non Retail Investors who choose to carry forward their bids
StartTime 09:15
EndTime 15:30
Offer Size – No. of Shares 20,65,26,264
Base Offer Size – 20,65,26,264 shares and Additional Option to sell up to 20,65,26,264 shares (Oversubscription Option). Total Shares (Base Size + Green Shoe) 41,30,52,528.
Offer Size for Retail Investors 2,58,15,783
Base Offer Size – 2,58,15,783 shares and Additional Option to sell up to 2,58,15,783 shares (Oversubscription Option).Total Shares (Base Size + Green Shoe) 5,16,31,566. As per SEBI OFS Guidelines,Retail bids below the Cut-Off price shall not be eligible for allocation.
Offer Size for Non Retail Investors 18,07,10,481
Base Offer Size – 18,07,10,481 shares and Additional Option to sell up to 18,07,10,481 shares (Oversubscription Option). Total Shares (Base Size + Green Shoe) 36,14,20,962
Face Value 10.00
Floor Price 64.00
Lot Size 1
Tick Price 0.05
ISIN No INE114A01011
Minimum Bid Quantity 1
Maximum Bid Quantity 20,65,26,264
Allocation Methodology Price Priority

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